Features

Where does HighTechLending, Inc do business?

HighTechLending, Inc is based in Irvine, CA. The company was founded in 2006 and offers reverse mortages in 13 states in the USA.

What types of reverse mortgages does HighTechLending, Inc offer?

HighTechLending, Inc allows borrowers to apply for the following types of reverse mortgage.

Lump sum. The borrower can access the entire amount immediately. However, you will need to pay interest on the entire amount regardless of whether you spend it.

A line of credit. This is a more flexible option that allows borrowers to only borrow (and pay interest) on the amount they withdraw from their line of credit. In the case of reverse mortgages, the amount of cash available in your line of credit increases as time goes by.

Monthly disbursement. With this option, you get a monthly allowance. This is a good option if you need an additional source of income to cover your living expenses. It can be used in combination with a line of credit for additional flexibility.

What is the estimated funding time for a home loan via HighTechLending, Inc?

HighTechLending, Inc will typically provide a credit approval decision in less than an hour and fund the loan within 30 and 45 days.

What fees does HighTechLending, Inc charge for a reverse mortgage?

HighTechLending, Inc may charge a loan origination fee.

  • Funding Time Range (in days)
    30 - 45
  • Reverse Mortgage Options
    • HECM for home purchase
    • Standard
  • Reverse Mortgage Payment Options
    • Line of credit
    • Lump sum
    • Monthly disbursement
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